Taxable Equivalent Yield Definition Our free online Taxable Equivalent Yield Calculator makes learning how to calculate the taxable equivalent yield of a bond simple. The Taxable Equivalent Yield Calculator is useful for comparing the yield of municipal bonds (which are generally tax free although there are different types of municipal bonds: general obligation municipal bonds and municipal revenue bonds – the former are usually tax free while the latter are usually not) with the yield of taxable bonds. The higher your income tax rate then the more attractive that tax free municipal bonds become. Try out the free Taxable Equivalent Yield Calculator now!
How to Calculate Taxable Equivalent Yield Let's be honest - sometimes the best taxable equivalent yield calculator is the one that is easy to use and doesn't require us to even know what the taxable equivalent yield formula is in the first place! But if you want to know the exact formula for calculating taxable equivalent yield then please check out the "Formula" box above.